Credit ratings and capital market analytics company S&P Global has acquired 451 Research, a research and advisory firm.
The acquisition will see S&P Global integrate 451 Research into its analytics and insights division S&P Global Market Intelligence.
S&P particularly emphasises that the deal will expand and strengthen the division’s research coverage, adding differentiated expertise and intelligence with comprehensive offerings in technologies such as artificial intelligence, the internet of things, information security, data centers, cloud and DevOps.
“As emerging technologies continue to remodel today’s business landscape and impact our decision-making, it’s important that we invest in and deepen our expertise in these growing sectors,” said Martina Cheung, president of S&P Global Market Intelligence.
“451 Research’s comprehensive expertise in critical disruptive technologies will enable S&P Global Market Intelligence to further expand our sector relevant and differentiated data offerings while strengthening our ability to help our customers understand the digital transformation that’s impacting the market today.”
The terms of the deals were not disclosed.
The news about the acquisition comes almost two year after S&P Global acquired Kensho Technologies, the machine learning and analytics company, in a $500m deal in March 2018.
Copyright © 2020 FinTech Global
